Bloomberg
Goldman Sachs's Bell Turns More Optimistic on European Stocks
The case for European stocks is improving on most fronts. That's the view of Goldman Sachs Group Inc. strategists including Sharon Bell, who say regional equities are set for a boost from everything from easing inflation, a peak in...
Bloomberg
Meijer: Regional Banks Down on Back of Higher Rates
Jaap Meijer, Managing Director and Head of Equities Research at Arqaam Capital discusses his MENA equities outlook. He speaks with Yousef Gamal El-Din on the "Daybreak Middle East" show.
Bloomberg
Markets in 3 Minutes: Only FI Traders Were Surprised by the Fed
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets: Europe."
Bloomberg
Nationwide's Bostyancic on Fed's Decision
Nationwide Chief Economist Kathy Bostjancic reacts to Fed's latest rate decisoion. She speaks with David Ingles, Yvonne Man and Kathleen Hays on "Bloomberg Markets: China Open".
Bloomberg
Oil Fell to Three-Month Low After Goldman Cuts Forecast
Oil held near its lowest level in almost three months on persistent concerns over the demand outlook in China and the US. Stephen Stapczynski reports on Bloomberg Television.
Bloomberg
HSBC's Major Is Bullish on US Treasuries
Steven Major, global head of fixed income research at HSBC Holdings Plc, discusses Federal Reserve policy and its implications for the bond market. He speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open."
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Bloomberg
Pimco's Clarida Sees a 'Very High' Bar for 2023 Fed Rate Cuts
Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco), says there could yet be a hike or two in the Federal Reserve interest rate cycle and explains why rate cuts may be a "2024 story." He speaks with...
Bloomberg
BNP's Howard Expects Fed to Skip a Rate Hike
Mark Howard, BNP Paribas senior multi-asset specialist, expects the Federal Reserve to skip a rate hike in June.
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Bloomberg
US Rep. Wasserman Schultz on Debt Limit Deal
US Democratic congresswoman Debbie Wasserman Schultz of Florida discusses the bipartisan debt ceiling deal and why she believes it will ultimately advance through congress. She speaks with Shery Ahn and Paul Allen on "Daybreak Australia."
Bloomberg
Brookings Institute's Sheiner on Debt Limit Deal
Brookings Institute Senior Fellow and Policy Director of The Hutchins Center on Fiscal and Monetary Policy Louise Sheiner explains why she thinks the US debt ceiling bill will pass and the muted impact she sees it having on the economy....
Bloomberg
McCarthy: We Could Get a Debt Deal at Any Time
Speaker Kevin McCarthy said issues remain in negotiations with the Biden administration on raising the federal debt limit as the clock ticks down to the point when the US Treasury runs out of cash. Bloomberg's Kailey Leinz has the latest...
Bloomberg
First Look With Surveillance: Debt Deadline, US PMI
Anna Edwards and Kriti Gupta take you through what to watch today.
Bloomberg
Markets Are Occupied With When Fed Will Cut: Holtze-Jen
"Markets are occupied with finding out when Fed will cut." Stefanie Holtze-Jen, APAC chief investment officer at Deutsche Bank International Private Bank, discusses the impact of Federal Reserve policy on markets, inflation and her...
Bloomberg
Hopeful for a Bipartisan Agreement: Sen. Cardin on Debt Talks
Democratic Senator of Maryland Ben Cardin discusses US Treasury Janet Yellen's newest letter stating that it is 'highly likely' the US government may not be able to meet all of its obligations by as early as June 1st, and whether or not...
Bloomberg
Markets Pricing Normalization, Not Recession: TD's Misra
Priya Misra, head of global rates strategy at TD Securities, sees 3-Year and 5-Year US Treasury rates as the "sweet spot" for investors as her firm expects the Federal Reserve to cut interest rates more than expected next year. She...
Press Association
BT Group to cut up to 55,000 jobs by end of decade
BT Group has said it will cut between 40,000 and 55,000 jobs by the end of the decade as part of plans to slash costs and overhaul its workforce.
The telecoms giant currently has around 130,000 employees but plans to reduce that number...
Bloomberg
Kapstream's Chrystal on Markets, Strategy
Kapstream's Portfolio Manager Pauline Chrystal discusses her latest fixed income strategy and outlook on Fed, US debt ceiling and China's recovery. She speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open".
Bloomberg
Fed Rate Hike in June Can't Be Ruled Out: BofA's Gapen
Michael Gapen, BofA Securities head of economics, says there's a 30%-40% chance of a Federal Reserve rate hike in June or July during an interview with Tom Keene and Lisa Abramowicz on "Bloomberg Surveillance."
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Bloomberg
McCarthy Says House Will Pass Debt Bill This Week
US House Speaker Kevin McCarthy says that the House will pass his $1.5 trillion debt ceiling increase plan this week. However, he didn't clarify when asked if he has already secured the 218 Republican votes he needs. Tony Czuczka reports...
Bloomberg
Burden for Fed Rate Cuts Is High, Vanguard's Davis Warns
Vanguard's Global Chief Economist Joe Davis says the bias is still toward normalizing monetary policy because the labor market is still too tight and inflation is still too high during an interview on Bloomberg Television.
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Bloomberg
Fed Will Cut Much More Than Expected, TD's Misra Warns
TD Securities Global Head of Rates Strategy Priya Misra says the Federal Reserve will start cutting rates much later in the year but will cut a lot more than what markets are currently expecting. She speaks with Jonathan Ferro on...
Bloomberg
Hedge Funds Unwind Short Bets and Go Long Treasuries
The scramble by hedge funds to dump short positions helped drive two-year yields down around 100 basis points from a March 8 peak above 5% as traders lean toward further gains in the world's biggest bond. Valerie Tytel explains on...
Bloomberg
Equities All About Quality, Boring Metrics: JPM's Gimber
Hugh Gimber, global market strategist at JPMorgan Asset management, says he's nervous about the strength in equities as interest rate cuts are coming for the wrong reasons. He speaks with Dani Burger on "Bloomberg Surveillance Early...
Bloomberg
First Look With Surveillance: OPEC+ Shock, UBS Eyes
Dani Burger and Matt Miller take you through what to watch today.